International Environmental Problems
A simple taxonomy of international environmental problems is developed, based on economic considerations. The unidirectional externalities are illustrated by the case of one upstream and one downstream country. The main problem in this case is an informational one. The analysis of regional reciprocal externalities is illustrated by the acid rains in Europe. It is shown that an efficient solution could be achieved by transferable "export" rights. Finally, global external problems are discussed with reference to greenhouse effects and extinction of species. Copyright 1990 by Oxford University Press.
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